Do you need to provide any information for overseas remittance?

1. If you use a domestic BOC account to receive overseas remittances, the required information includes: bank name, bank address, SWIFT code, payee name (account holder name), payee account number (account number) and payee telephone number. As there are differences in collection information among branches of BOC, please consult the bank of BOC for details.

2. The principles of China Bank for overseas inward remittance of the collection account are as follows:

(1) The payment instruction shall be processed on the same day, and payment shall not be delayed;

(2) If the remittance currency is the same as the payee's account currency in the payment instruction, it will be recorded directly in the original currency;

(3) If the remittance currency is foreign currency and the payee's account currency in the payment instruction is RMB, according to the relevant regulations of the State Administration of Foreign Exchange, the settlement of foreign exchange will be recorded for you at the real-time foreign exchange rate;

(4) If the remittance currency is foreign currency and the payee's account currency in the payment instruction is another foreign currency, it will be calculated and recorded for you according to the real-time foreign exchange quotation.

For more information, please call the customer service hotline of China Bank at 95566.

The above contents are for your reference. Please refer to the actual business regulations.

If you have any questions, please contact online customer service of Bank of China.

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